Murdoch Deal Dead. After British prime minister David Cameron urged Rupert Murdoch to withdraw his bid for the BSkyB takeover and the House of Commons was set to vote on it, the News Corp. chairman did just that. But the company intends to remain a long-term shareholder. More from the New York Times here. 
 
Running her OWN. Effective this fall, Oprah Winfrey is the new CEO and chief creative officer of OWN, while Erik Logan and Sheri Salata of Harpo Studios have been named the network’s presidents. More from the WSJ here.
 
Emmy Speculation. Ahead of the Emmy nominations, HBO is looking like a favorite in the drama category, with Martin Scorcese’s production “Boardwalk Empire” and “Game of Thrones.” But AMC could be a competitor with Emmy magnet “Mad Men” and the network’s newer series “The Walking Dead," says the L.A. Times.

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Paramount’s Reason for Settling Trump Lawsuit

With news breaking overnight of Paramount Global’s $16 million settlement of President Trump’s “60 Minutes” lawsuit, the company couldn’t ignore the elephant in the room during its annual shareholder meeting Wednesday.

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